Wealth Enhancement Advisory Services LLC Buys Shares of 10,190 Leslie’s, Inc. (NASDAQ:LESL)

Wealth Enhancement Advisory Services LLC bought a new stake in shares of Leslie’s, Inc. (NASDAQ:LESL) in the third quarter, HoldingsChannel reports. The institutional investor bought 10,190 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Jade Capital Advisors LLC raised its position in Leslie’s by 5.8% during the 3rd quarter. Jade Capital Advisors LLC now owns 362,600 shares of the company’s stock valued at $1,146,000 after purchasing an additional 20,000 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Leslie’s by 13.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,877,390 shares of the company’s stock valued at $9,093,000 after purchasing an additional 345,064 shares in the last quarter. Blue Trust Inc. raised its position in Leslie’s by 1,089.6% during the 3rd quarter. Blue Trust Inc. now owns 11,075 shares of the company’s stock valued at $35,000 after purchasing an additional 10,144 shares in the last quarter. Bfsg LLC raised its position in Leslie’s by 134.2% during the 3rd quarter. Bfsg LLC now owns 48,590 shares of the company’s stock valued at $154,000 after purchasing an additional 27,840 shares in the last quarter. Finally, Creative Planning bought a new stake in Leslie’s during the 3rd quarter valued at $77,000.

Leslie’s Price Performance

Shares of LESL stock opened at $2.87 on Thursday. Leslie’s, Inc. has a 1-year low of $2.42 and a 1-year high of $8.21. The stock’s fifty day moving average price is $2.86 and its 200 day moving average price is $3.59. The company has a market cap of $530.69 million, a price-to-earnings ratio of 143.50, a price-to-earnings-growth ratio of 2.03 and a beta of 1.19.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Loop Capital cut their price target on Leslie’s from $6.00 to $3.00 and set a “hold” rating on the stock in a report on Friday, July 19th. Telsey Advisory Group reiterated a “market perform” rating and issued a $4.00 price target on shares of Leslie’s in a report on Tuesday, August 27th. Stifel Nicolaus downgraded Leslie’s from a “hold” rating to a “sell” rating and cut their price target for the company from $5.25 to $2.50 in a report on Thursday, July 18th. Bank of America cut their price target on Leslie’s from $6.40 to $5.15 and set a “buy” rating on the stock in a report on Thursday, July 18th. Finally, Mizuho cut their price target on Leslie’s from $6.00 to $4.00 and set a “neutral” rating on the stock in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $3.96.

About Leslie’s

Leslie’s, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.